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bring a community together like this, guys being in connecticut now how close knit this is. and is an air especially new tourn, you expect this to happen. >> it's a small state. it's hard to say that i'd be this for giving and robbie, you hope never having to talk about his last words to his six-year-old daughter. >> she woke up before i left and i'd actually been teaching her pour geese before i left the last conversation was in portugese and she told me good morning, and asked how i was doing i said i was doing well. she said that she loved me and i gave her a kiss and i was out the door. >> alisyn: there obviously are 19 other victims, one of them is grace mcdonald, she was, i think, seven years old, possibly six all the victims were, and everybody talked how she looked like a little angel and a doll. piercing deep, deep blue eyes and beautiful blond hair and her family want today put out a statement saying we're overwhelmed by the outpouring of love and support from so many people. our daughter grace was the light and love of our family and words cannot express our loss
the day for our coverage of the school tragedy. it continues in connecticut now with "fox & friends." ♪ ♪ >> the shooting appears to have stopped. the school is in lockdown. you are requested to stay. i will need two ambulances at this time. be advised, multiple weapons including long rifles and shotguns. >> what is the number of ambulances you will require? >> they're not giving us a number. >> sandy hook and ladder, medical emergency. >> good morning, everyone. we appreciate you joining us on this very sad morning. it's great to have steve and brian here with me. it's a terrible morning but we do have more information to impart to you and some people want to know how this could happen in newtown connecticut and how 20 little innocent kids could be murdered. we have more information about the shooter and family mystery. >> we do. before we get started let's look at the coverage of the tabloids here in new york city. america weeps. there is the president of the united states. he shed a couple of tears in the briefing room yesterday. slaughter of the innocence. and a picture you
. >>> a packed show ahead. congressman steven latourette of ohio, senator richard blumenthal of connecticut, plus the grinch. it's thursday, december 27th. "starting point" begins right now. >>> well, our starting point, a brutal winter storm battering the northeast and torturing holiday travelers all over the country. here it is on the radar. the system is expected to dump up to two feet of snow on central maine today. six states are under winter storm warnings, pennsylvania, new york, massachusetts, new hampshire, vermont, and of course maine. everyone there could see at least a foot of snow. more than 200,000 customers spanning several states are already without power. more than 1700 flights had to be cancelled yesterday, hundreds more have already been taken off the board this morning and that number is expected to climb. six deaths are being blamed on this system since tuesday, and the threat hasn't passed yet. meteorologist bonnie schneider tracking the storm from the cnn weather center in atlanta. but first inez is live in syracuse, new york, where she's been -- there's a great deal of sno
, connecticut, raising the prospect of policy changes to stem gun violence. it is monday, december 17th, 2012 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just o
, connecticut. the final three victims of a deadly school shooting laid to rest. emilie parker, josephine guy and ana marquez greene, the 6 and 7-year-old girls, 3 of 20 people killed when a gunman opened fire at sandy hook elementary and we are learning more about the gunman, adam lanza, described as an awkward, peculiar kid who spent hours in the basement of his home where his mother reportedly stored her collection of firearms. >> jamie: we're also learning federal agents aren't getting the access they want. i wonder if those guns were locked up. i'm so interested. lawmakers say investigators know who some players are and not their specific roles adding the investigation is not where they'd like it to be. and the pain is still so unbearable in newtown, connecticut, looking at the percent of the victims buried today, the final three of them laid to rest, emilie parker, josephine gray and ana marquez greene, and, three of the girls, and it bears repeating. >> rick: rick leventhal joins us from our new york city newsroom with a fair and balanced look at the gun control debate. >> reporter: th
storm. new york city, south connecticut, and south of boston going to get the biggest snow totals. let me show you what you can expect in the way of snow totals. the pink area is two to five inches, broad brush in pennsylvania. see that maroon spot south of boston, that's where we get the five to ten-inch area. near a foot south of boston locally. it's going to be an interesting one here at the airports. boston and new york included, in heavy delays today. and you have moderate delays back here. detroit, chicago, some cold and some wind going to affect them. los angeles will have rain. so, it doesn't just stop on the east coast. we have travel trouble in other places. but on the roads, anywhere in the pacific northwest could be a little slippery. and certainly, with this storm, again, from ohio all the way to maine. back to bianna. >> a travel nightmare for so many people. ginger, thank you. >>> we're going to turn to the desperate, last-ditch effort to try to keep the country from falling off the fiscal cliff, sending everybody's taxes up and possibly sending the country into another
of the precious little children who were killed in connecticut last friday. what can you say? my heartbreaks for them and their parents -- my heart breaks for them and their parents and the people of newtown. i looked at the picture of little caroline previdi, one of the 6-year-old children who died. i'm sure she was a happy child, full of life's potential, just like my own little caroline who just turned 7 a few days ago. what can you say? it's unthinkable that a person would kill innocent little children with such cravenness and violence. these children's christmas presents are still under the tree. their moms and dads are still looking at them. in this town, will we pride ourselves on rhetorical flourish , precision of thought and volume of words, what can you say? what can you do? other than stand in solidarity, in spirit with the grieving families and perhaps, just perhaps hug those that you love a little bit tighter. now, madam speaker, the sandy hook elementary school tragedy is sparking a national debate about how and why this happened and how it might have been prevented. that debat
york city, for instance. >> dave: new jersey, connecticut. >> clayton: you're not living the dream. >> juliet: it's sort of subjective. well, actually not subjective you can look exactly at what people live here for 250 or people in san francisco, another expensive city, it doesn't go that long, didn't go that far. >> dave: the bottom line, it appears they've moved the goal post and it may be around the $400,000 mark and that may be the new 250 if you will. may be where ne get the deal done. and upwards towards the 500 mark, but here are two congressmen on perhaps moving this up. >> the $400,000 level seems to me to be about right, that represents about the top 1% of the income earners, the people who got 93% of the income growth our last year and that seems to be enough, but i think there's some flexibility there. >> it's about making sure that we can live within our means and address the real problem and that's spending. i kind of feel like i'm a lifeguard and we've got to save as many people from drowning in higher taxes as we can. >> clayton: that seems to be the new threshold
and the need to spend on the home whether it was the tragedy in connecticut and took away the feel-good factor it was a confluence of events that led to a should have been better holiday season. >> reporter: in the densely populated northeast, where more than a fifth of the country's retail sales take place, homeowners hit hard by hurricane sandy spent more money on repairs than on holiday gifts. also dragging down sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when sales actually shrank. >> consumers need to have more confidence. right now it's more of an uncertain way for the first half of 2013 so i think everyone has thought going into the y
%. that didn't happen. one of the issues, newtown connecticut and the news cycle that went on there. people started rethinking do i really want to be in a shopping mall right now? do i want to be spending money? i do want to be shopping? it really colored the tone. you are right, typically it works just the opposite. >> people reassessing a lot of their value systems. you and i talked about that earlier. let's consider maybe the flip side. is there a silver lining in any of this for consumers? >> well, obviously black friday now not what it was. but i have got to tell you that the discounts we're going to see after christmas this year are going to be dramatic. >> will they pay us to take it away? >> almost. we're seeing 75%. not unusual at all to get 75% discounts. here are the companies that we are seeing already saying big sales to come. best buy, wal-mart, target, toys r us. across the board you are seeing heavy discounting. bad news for retailers because this is where they make their money in the year. for consumers, maybe consumers who were on a budget this year, this is an opportunity
to satisfactory. it is a long step of healing for the people in newtown, connecticut. all of the flowers and letters and photoin new ton will be soil and blocks to be used in a foundation of a future memorial. it was senator daniel inouyhe's last wish. for colleen handbusa to be. >> i made the appointment for the state of schatz is flying to washington with president obama he is expected to be sworn in later. those are the headlines for you. >> clayton: we'll talk the scal cliff. today is the twenth. a few days left for congress and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the
picture shows we still have lighter snow falling in new york city, northern new jersey, connecticut and into massachusetts. but that rain is kind of sweeping up into nas kaw county in long island and suffolk and it will come down heavy and hard. snowfall totals 3 to 5 inches across parts of pennsylvania with a little bit of more intensity more towards the center of the state. let's zoom into massachusetts, 4 to 8 inches. expect some higher amounts in this region here towards areas of -- sections of connecticut and into much of rhode island. snow across the entire state. and then you see the winter storm warnings extend to coastal maine. we could see up to a foot of snow into areas of coastal new hampshire and maine especially towards late tonight, early tomorrow. let's time it out for you. notice saturday night at 11:00, storm will be intense. we're expecting brutal winds for much of new england. you can see a little bit of mix in terms of precipitation for the cape and the islands. overall these areas you see in brighter white where we're expecting some of the more intense snowfall
. joining governors from new york, new jersey, and connecticut asking congress to get it done before they break for the holidays. they say it's already taken congress too long to act in the aftermath in the disaster. president george h.w. bush should be able to celebrate christmas at home with his family. mr. bush, who is 88 years old, has spent nearly three weeks in the hospital in texas where doctors have been treating him for a cough related to bronchitis. a hospital spokesperson saying our nation's 41st president is improving and doctors do expect him to be able to it go home by the holiday. the syrian government's biggest ally now admitting the civil war raging there may well doom the regime. hear how u.s. officials are responding. and as the investigation continues into the plane crash that killed pop star jenny rivera there is word tonight two police officers are under arrest for taking pictures of the crash site and stealing potential evidence. cer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and from national. be
tomorrow. >> my father is 87. he's in connecticut. nursing home. he is a world war ii vet, u.s. navy, and helped raise four great kids. at least my brothers are great. i was with him this weekend in connecticut. to see the world war ii generation, many of them struggling with health problems and my father as well, just wanted to say happy birthday. thanks for doing that. >> steve: god bless you and god bless him. you just saved $5 on a hallmark card. >> yeah. don't worry, dad. i'm not going to send you one of those e-mail cards. we have the real one in the mail. >> steve: there is a song when you open it up. >> my kids play those and they go through all the pharmacies and go through all the cards. it's a symphony of cards when my kids are in the pharmacy. >> gretchen: thanks for honoring your guys because they're the most important things in our lives. >> they are. we'll miss them when they're not here. >> gretchen: thanks. well, there is a right to life plate, not getting the license to drive. they were ruled unconstitutional because the other side can't have its say. >> eric: then
so? >> i think it was a lot of things. the uncertainty, the tragedy in connecticut, hurricane sandy and everyone replenishing their home item. where was the good news. >> i have a hard time with somebody deciding between a toy or something else a grandmother says, oh, well it's the fiscal cliff. how much does that play into consumer spending? >> what we saw is walmart's ceo come into it. it certainly wasn't the whole reason but it was certainly part of it. >> did it wind up that internet sales were as big? it was off to great start. >> it was off to a good start and it continued throughout. we estimate it was still up double digits but this week it's up. in the month of january, 70% of the gift cards are redeem and that's when they're counted as sales. so there's more to go. >> seth brought up a really interesting point though. that is as a country we still have near 8% unemployment and among those many have been out of work for more than 6six months. that has to be a factor to some degree. >> it is but everybody participated in christmas, even if they're on
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
, and connecticut. they know these places that have been hit so hard by sandy because they are their hometowns. that was really wonderful to see them come out and support their communities. we believe that $30 million was raised in ticket sales and we're still waiting for the final tally for all the donations called in from around the world last night. the money will go to hurricane victims through the robin hood foundation. a mazing effort last night. i only wish i had a ticket to see it in person. that's the latest from madison square garden. i'll send it back to you in the studio. >> steve: it was on 30 different tv channels. my wife watched the whole thing. >> brian: i think the dvd is going to be released. correct? >> steve: and you can buy the itunes songs and the money goes to robin hood. >> gretchen: i hoped you dvd, 'cause i didn't see one second. since the storm is going to cost $60 billion, hopefully a lot of this money will help defray some of those costs. >> brian: per state. >> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were
especially after the horrible shooting in connecticut. marshall cohen at the mpd group says retailers had problems long before the tragedy. he says, quote, the lack of sales is due to the lack of excitement in merchandise and to blame it on this terrible disaster upsets me. and then of course there's everybody's concern about debt. they're avoiding it. >> christine, delinquency rates that are still very, very low compared to the last ten years. so i don't think that consumers are going wild this year. >> we heard that a lot. finally, it's even been a little slow they say at saks 5th avenue, on 5th avenue in new york city. our producer took these pictures. sw retail advisers says you could, quote, in saks hear a pin drop during a 60% sale going into saturday. but, bill and maria, i was in the very store in new york last week, my first time at saks during this time of the year. if that is slow for christmas, i don't want to know what busy is. i couldn't even get down the aisle. >> by the way, jane wells, you mentioned c's candy. unbelievably, they opened some kiosks in malls in the northeas
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
Search Results 0 to 22 of about 23 (some duplicates have been removed)